Tuesday, 28 April 2015

Audi have no plans to enter Formula One following the resignation of Volkswagen Chairman Ferdinand Piech

Audi ‘definitely has no intention to enter Formula
One’ following the resignation of Volkswagen Chairman Ferdinand Piech,
a company spokesman has confirmed to the BBC.

Piech had opposed the notion of the company entering the
sport with a rumours floating around the motor industry that Audi had made an
offer of £500 million to buy the four time world championship winning Infiniti
Red Bull Racing team from Dietrich Mateschitz. Red Bull Team Principal
Christian Horner has stated that reports suggesting such a move were wide of
the mark.

The Audi spokesman confirmed that the company’s facility is
already tied up with a World Endurance Championship entry along with an entry
in the German Touring Car Championship (DTM) and there is no room for Formula
One.

The fact that Audi will not enter Formula One has not ruled
out Volkswagen’s other brand’s Bentley, Porsche, Lamborghini, SEAT or Skoda
entering the sport.

It is unlikely however that Porsche will enter Formula One
as they are into their second season in the World Endurance Championship.